German firm hopes to build 1.5 bln USD offshore wind farm in central Vietnam

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(VOVWORLD) - The central province of Binh Dinh has given approval to a German company to study the building of Vietnam’s second offshore wind power plant, news site VnExpress reported.

German firm hopes to build 1.5 bln USD offshore wind farm in central Vietnam - ảnh 1 Wind turbines in the southern province of Bac Lieu.

(Photo: VnExpress/Nguyet Nhi)

PNG AG will carry out a year-long study for a 1.5-billion USD wind power plant in the districts of Phu Cat and Phu My.

The company, which has over 20 years of experience in renewable energy, had earlier proposed building a 500-700-MW power plant in the province, its first project in the country.

The first offshore wind power plant, the 99MW Bac Lieu Wind Power Project in the southern province of the same name, went on stream in 2016.

Vietnam will need 30 GW of wind and solar power in 2021-2030. There are 11 wind farms in the country with a total capacity of nearly 430 MW, according to Vietnam Electricity (EVN).

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